VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) Stock Position Decreased by Continuum Advisory LLC

Continuum Advisory LLC lowered its holdings in VanEck Fallen Angel High Yield Bond ETF (NASDAQ:ANGL) by 7.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,454 shares of the company’s stock after selling 2,887 shares during the period. Continuum Advisory LLC’s holdings in VanEck Fallen Angel High Yield Bond ETF were worth $959,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. BNP Paribas Financial Markets raised its position in shares of VanEck Fallen Angel High Yield Bond ETF by 1,856.5% during the 4th quarter. BNP Paribas Financial Markets now owns 900 shares of the company’s stock worth $26,000 after purchasing an additional 854 shares during the period. Biltmore Family Office LLC increased its position in VanEck Fallen Angel High Yield Bond ETF by 593.3% in the fourth quarter. Biltmore Family Office LLC now owns 936 shares of the company’s stock worth $27,000 after buying an additional 801 shares during the period. Van ECK Associates Corp lifted its stake in VanEck Fallen Angel High Yield Bond ETF by 38.1% in the fourth quarter. Van ECK Associates Corp now owns 1,414 shares of the company’s stock valued at $41,000 after buying an additional 390 shares during the last quarter. Transce3nd LLC acquired a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter valued at $46,000. Finally, Howe & Rusling Inc. bought a new position in shares of VanEck Fallen Angel High Yield Bond ETF during the fourth quarter worth about $56,000.

VanEck Fallen Angel High Yield Bond ETF Stock Down 0.8%

ANGL stock opened at $28.38 on Thursday. The stock has a market cap of $2.81 billion, a PE ratio of 59.07 and a beta of 0.52. The firm’s 50-day simple moving average is $28.33 and its 200 day simple moving average is $28.73. VanEck Fallen Angel High Yield Bond ETF has a fifty-two week low of $26.92 and a fifty-two week high of $29.47.

VanEck Fallen Angel High Yield Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, May 6th. Shareholders of record on Thursday, May 1st were given a $0.1509 dividend. This represents a $1.81 annualized dividend and a yield of 6.38%. The ex-dividend date of this dividend was Thursday, May 1st.

About VanEck Fallen Angel High Yield Bond ETF

The VanEck Fallen Angel High Yield Bond ETF (ANGL) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index of bonds that were rated investment grade at issuance but later downgraded to sub-investment grade. ANGL was launched on Apr 10, 2012 and is managed by VanEck.